Showing posts with label Thailand's economy. Show all posts
Showing posts with label Thailand's economy. Show all posts

Wednesday, February 22, 2012

Thailand's economy shrinks 9% after flood disruptions

Thailand's economy contracted sharply in the last three months of 2011 after some of the worst flooding on record disrupted manufacturing.

Monday, October 24, 2011

Thailand floods: Crisis 'to last four to six weeks'

Thailand's worst flooding in decades is set to last another four to six weeks, the country's prime minister has said.

Thursday, October 13, 2011

Thailand floods disrupt production and supply chains

Factories and supply chains are facing disruption as some of the worst flooding in decades starts to affect Thailand's economy.

Western Digital, Honda Motor and many other companies have been forced to suspend production in central Thailand because of the floods.

Most of the factory closures are due to disruptions to local supply chains.

Tuesday, May 24, 2011

Thailand's economy grows by 3% due to strong exports

Thailand's economy has grown by 3% in the first three months of 2011, helped by increases in both exports and consumer spending.

This growth from a year earlier compares with a 3.8% rise in the last three months of 2010, said the National Economic and Social Development Board.

Thailand has been trying to boost growth after civil unrest last year.

Monday, May 23, 2011

Thai economy accelerates in Q1, June rate rise seen

Thailand's economy grew 2 per cent in the first quarter from the previous three months due to strong exports and a steady rise in consumer spending, data showed on Monday, reinforcing expectations of a June interest rate rise to curb inflation.

Southeast Asia's second-largest economy accelerated from 1.3 per cent growth in the December quarter and has firmly bounced back from mid-2010 weakness when it contracted for two straight quarters amid weeks of deadly political unrest.